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Stuart Gulliver

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HSBC axes 840 IT jobs in Britain in first big wave of planned cuts

Many of the jobs will now be offshored to lower income countries such as India, China and Poland HSBC, Europe's largest bank, started laying off 840 information technology workers in Britain on......

Delaying action on climate change will hurt growth: Global CEOs

Advocating the need for meaningful "global action" to deal with climate change, honchos of 78 corporates, including from India, today said delaying action would damage growth prospects in the years......

HSBC to cut up to 50,000 jobs, slash investment bank

HSBC will cut almost 50,000 jobs from its payroll, take an axe to its investment bank and shrink its risk weighted assets by $290 billion in an effort to improve its sluggish performance, Europe's......

HSBC set to cut thousands of jobs globally

An estimated 10,000 to 20,000 jobs will be axed, according to a media report HSBC Holdings Plc could announce thousands of job cuts at a strategy day next week, Sky News reported on Monday, part of......

HSBC CEO also had a Swiss a/c; pay frozen after cut in 2014

The salary disclosures followed local media reports in London that claimed Gulliver himself had kept millions of dollars in a Swiss bank account. At the centre of a controversy over himself having......

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